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#Admission2024

MCom Accounting and Finance Admission 2024: Eligibility, Salary, Syllabus

2 Years
Degree
Post Graduation
Full Time

The M.Com in Accounting and Finance is a postgraduate programme which offers sophisticated and effective knowledge and expertise in the field of accounting and finance, taxation, auditing and matched disciplines. This course normally takes 2 years to complete and plays a key role in preparing the students for analytical and managerial responsibilities in accounting and finance careers. It offers programs in some fields such as financial accounting, management accounting, corporate finance, investment analysis, financial markets, quantitative methods, research methods, and among others.  

The admission requirements for M.Com Accounting and Finance involve the scores obtained in CAT, XAT, MAT, CMAT, ATMA, GMAT, AMCAT, and state level entrance tests. The exam dates for the respective courses vary depending on the semester, and they are conducted between November and May every year. Some colleges also accept students on the basis of his/her scores in the bachelor’s. While applying, it is crucial to note that the application season usually falls between June and September every year. 

MCom Accounting and Finance Course Highlights 2024

Feature Details
Full Form Master of Commerce (Accounting and Finance)
Duration Typically 2 years (Full-time)
Course Level Postgraduate
Eligibility Bachelor's degree in Commerce (B.Com) or equivalent with minimum marks requirement (varies by institution)
Top Colleges (India) Shri Ram College of Commerce (Delhi), Lady Shri Ram College for Women (Delhi), Symbiosis College of Arts and Commerce (Pune), Christ (Deemed to be University) (Bangalore), Indian Institute of Management Calcutta (Kolkata), Indian Institute of Management Ahmedabad (Ahmedabad)
Entrance Exam (may apply) University Entrance Exams (e.g., CUET PG), Institute-specific Entrance Exams (e.g., CAT)

MCom Accounting and Finance Course Eligibility 2024

1. The candidate should have completed their graduation with a bachelor’s degree in commerce or its allied fields such as accounting, economics, finance, and banking etc., with not less than 50 percent aggregate marks from a recognized university.

2. It is seen that many a times college may specify that mathematics is compulsory at graduation standard or at least in class twelfth. 

3. Some institutes may also have additional prerequisite such as work experience in accounting, auditing or in any related finance field.

4. Common tests such as CAT/MAT/ XAT or state level entrance tests may be necessary for entry into some of the best B-schools offering M.Com.

5. As for the recruitment policy, there is no age limit, and people from different stages in their education or employment can apply.

6. IELTS/TOEFL may be necessary for foreign students for admission depending on the course they are applying to.

MCom Accounting and Finance Entrance Exams

1. CAT – Common Admission Test conducted by IIMs is an entrance exam that comprises of Questions checking verbal ability, quantitative ability, data interpretation and logical reasoning. 

2. XAT – Xavier Admission Test carried out by XLRI examines logical reasoning, decision making, quantitative, verbal and analytical skills.

3. CMAT – Common Management Admission Test which is conducted by AICTE gives weightage to the tests like quantitative section, logical reasoning, language knowledge, and general knowledge.

4. MAT that is Management Aptitude Test conducted by AIMA is aimed at assessing the intelligence, language ability, basic mathematical computation, data analysis and interpretation.

5. ATMA – AIMS Test for Management Admissions by AIMA include assessment of quantitative ability, verbal skills, analytical ability, and logical ability.

MCom Accounting and Finance Syllabus 2024

Subject Important Topics
Financial Accounting Advanced Accounting Standards (Ind AS), Company Analysis & Interpretation, Consolidated Financial Statements, Accounting for Leases
Management Accounting Cost Management Techniques (Activity-Based Costing, Lean Costing), Budgeting & Forecasting, Performance Management, Transfer Pricing
Financial Management Capital Budgeting Techniques (IRR, NPV, etc.), Cost of Capital, Dividend Policy, Working Capital Management
Auditing Auditing Standards & Procedures, Internal Audit, Risk Assessment & Audit Planning, Audit Report Writing
Security & Forensic Accounting Fraud Detection & Investigation Techniques, Forensic Accounting Procedures, Corporate Governance & Risk Management
Taxation Direct Taxes (Income Tax, Tax Planning), Indirect Taxes (GST), Transfer Pricing Taxation
Elective Courses (Options may vary) Financial Markets & Instruments, Investment Management, International Finance, Financial Econometrics, Securities Analysis

MCom Accounting and Finance Admission 2024

1. Passed 12th standard in any group like commerce, arts, business administration, etc. and any graduation like B.Com, BA, BBA, etc. with minimum 50% marks. 

2. Visit the various universities and request for the entrance exam forms and pass the exam

3. Review set of requirements that different colleges provide and select several most suitable

4. You can either apply online on the website or can download the form and submit it with the required documents and application fees.

5. If called for counseling rounds /interviews appear for the same if you have made the cut 

6. Pay admission fees to the institute to get the final admission confirmation.

Top Government MCom Accounting and Finance Colleges 2024

College Name Location Estimated Annual Fees (INR)
Delhi School of Economics (University of Delhi) Delhi 25,000 - 35,000
Department of Commerce (University of Calcutta) Kolkata 15,000 - 20,000
Madras Christian College (University of Madras) Chennai 20,000 - 25,000
Lucknow University Lucknow 12,000 - 15,000
Patna College (Patna University) Patna 10,000 - 12,000
Fergusson College (University of Pune) Pune 18,000 - 22,000
The Hindu College (University of Delhi) Delhi 20,000 - 25,000
Hansraj College (University of Delhi) Delhi 16,000 - 20,000
Sri Venkateswara College (University of Delhi) Delhi 15,000 - 18,000
Maharaja Agrasen College (University of Delhi) Delhi 14,000 - 17,000

Top Private MCom Accounting and Finance Colleges 2024

College Name Location Estimated Annual Fees (INR)
Symbiosis College of Arts and Commerce (SCAC) Pune 1,50,000 - 2,00,000
Christ (Deemed to be University) Bangalore 2,00,000 - 3,00,000
Narsee Monjee College of Commerce and Economics (NMIMS) Mumbai 2,50,000 - 3,50,000
Amity University Various Locations 1,00,000 - 1,50,000
Jain University Bangalore 1,50,000 - 2,00,000
KIIT School of Management Bhubaneswar 1,20,000 - 1,80,000
The ICFAI University Various Locations 1,20,000 - 1,80,000
Woxsen School of Business Bangalore 1,80,000 - 2,50,000
SP Jain Institute of Management and Research (SPJIMR) Mumbai 2,00,000 - 3,00,000
Alliance School of Business (ASB) Bangalore 1,80,000 - 2,20,000

MCom Accounting and Finance Course Placements 2024

College Name Location Average CTC Range (INR)
Shri Ram College of Commerce (SRCC) Delhi 6 LPA - 12 LPA+
Lady Shri Ram College for Women (LSR) Delhi 5.5 LPA - 10 LPA
Symbiosis College of Arts and Commerce (SCAC) Pune 5 LPA - 8 LPA
Christ (Deemed to be University) Bangalore 4.5 LPA - 8 LPA
Narsee Monjee College of Commerce and Economics (NMIMS) Mumbai 6 LPA - 10 LPA
Indian Institute of Management Calcutta (IIM Calcutta) Kolkata Refer to IIM C website

MCom Accounting and Finance Course Jobs and Salary 2024

Job Title Specialization Area Average Salary (INR)
Chartered Accountant (CA) Accounting, Auditing, Taxation 7 LPA - 15 LPA+
Certified Management Accountant (CMA) Management Accounting, Cost Management 5 LPA - 10 LPA
Financial Analyst Financial Modelling, Investment Banking 5.5 LPA - 12 LPA
Investment Analyst/Portfolio Manager Investment Management, Wealth Management 6 LPA - 15 LPA+
Tax Consultant Direct Tax, Indirect Tax (GST) 4.5 LPA - 8 LPA
Internal Auditor Risk Management, Corporate Governance 5 LPA - 9 LPA
Management Consultant Financial Consulting, Business Valuation 6 LPA - 12 LPA
Corporate Accountant Financial Accounting, Management Reporting 4.5 LPA - 8 LPA
Banking Officer (Specialist) Credit Analysis, Treasury Management 4 LPA - 7 LPA
Financial Risk Analyst Market Risk, Credit Risk Management 5 LPA - 10 LPA

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